Gregory C. Hesler - Feb 8, 2024 Form 4 Insider Report for AVISTA CORP (AVA)

Role
Sr V President/Corp Secretary
Signature
/s/Gregory C. Hesler
Stock symbol
AVA
Transactions as of
Feb 8, 2024
Transactions value $
$370,007
Form type
4
Date filed
2/12/2024, 02:46 PM
Previous filing
Jan 11, 2024
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVA Common Stock - Restricted Shares Grant 2024 Award $111K +3.4K +33.33% $32.64 13.6K Feb 8, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVA Performance Shares Grant - 2024 Award $259K +7.94K $32.64 7.94K Feb 8, 2024 Common Stock 7.94K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Shares vest 1/3 each year over a 3-year period and are payable in Avista Corp. Common Stock at the end of each year in the 3-year period.
F2 No conversion price. Shares awarded if performance measure is met.
F3 Each performance cycle is 3 years in length. Shares will be issued at the end of each 3-year cycle if performance measure is met.